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Lundin Petroleum AB (TSX:LUP, OMX:LUPE) announced that it has already completed its exploration well 8/5-1 in Norway and reached target depth of 2,340m.
Lundin Petroleum AB (TSX:LUP, OMX:LUPE) announced that it has already completed its exploration well 8/5-1 in Norway and reached target depth of 2,340m.
As quoted in the press release:
The primary reservoir, of Jurassic age, showed poor reservoir quality. The well encountered no hydrocarbons and is being plugged and abandoned as a dry hole.
Click here to read the full Lundin Petroleum AB (TSX:LUP, OMX:LUPE) press release.
